Kasten Long Commercial Group
Knowledge ~ Experience
Weekly Land Closing Update through June 30, 2017
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES
SF
Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments 
(Buyer)
SEC Agua Caliente & Butterfield Stage Rd Maricopa County
158 RU-190 448,000
2,843

6/26 Integrated Ag
N/NWC Ellsworth & Elliot Rd
Mesa
68 Commercial 11,888,519
175,696
4.03 6/26
Sunbelt Management Company / Investment Holdings
E/SEC Scottsdale Rd & Greenway Hayden Loop
Scottsdale
1.22
 53,317
I-1 1,425,000
1,164,358
26,73 6/27 David Peterson
E/NEC Gantzel & Combs Rd
San Tan Valley
11.38
495,713

Commercial 590,000
51,854
1.19 6/27 Auto Zone

NWC Thornton & Peters Rds
Casa Grande
157

I-2


7,825,000
50,000
1.15 6/27 Proposed for development of an auto salvage yard
Nelson Commercial
NWC Loop 101 & Rio Salado Pkwy
Tempe
5.9
258,180
Commercial 5,679,960
958,000
22.00 6/27 The Boyer Company
SEC Santan Village Pkwy & Ray Rd
Gilbert
2.13
 92,782
RC 1,577,294
740,000

17.00 6/27  Proposed for high-end gun shooting range
Rod Ghani
SWC Power & Guadalupe Rd
Gilbert
1.5

SC 2,814,750
224,820
5.16 6/28 Proposed for a 78 lot single family residential subdivision
Porchlight Homes
W/NWC I-17 & Deer Valley Rd
Phoenix
4.11
179,032
Commercial 650,000
158,122
3.63 6/28 Charles N Brown
S/SWC Santan Village Pkwy & Ray Rd  Gilbert
2.3
100,527
Commercial 1,759,215
762,300

17.50 6/29   Proposed ±4-story "Tru Hotel" with ±98 beds
HCW Development
SEC Gilbert Rd & Warner Ave
Gilbert
10.90
474,738
Commercial 4,391,298
402,930
9.25 6/29 Remington Nevada
W/NWC Gilbert & Baseline Rd
Mesa
0.8
30,300
Commercial 750,000
1078,110
24.75 6/29 Kemper & Ethel Marley Foundation 
SWC 86th Ave & Washington St
Tolleson
9.55 I-1 1,800,000
188,481
4.33 6/30 Proposed for a 128,191 SF distribution facility
Gramercy Property Trust
W/SWC 144th St & Lone Mountain Rd
Rio Verde
9.26
403173
RU-43 630,000
680,000
1.56 6/30 Craig C Schmersal
NWC 51st Ave & Bell Rd
Glendale
2.34
101,949
Commercial 1,906,816
814,572
18.70 6/30 Wadsworth Development Group
E/SEC Arizona Ave & Loop 202
Chandler
6.58
286,861
Industrial 2,151,443
7.50 6/30 Proposed for two light industrial flex buildings at 100,000 SF and 134,390 SF.
QuarterMoore
 

NOTE!!!! Land Sales are up in all areas
WANT TO KNOW WHAT YOUR PROPERTY IS WORTH, PLEASE CALL ME 
LOCATION IS THE VALUE !!!
 
Location
# Lots
Zoning
Sales Price
$/LoT
Sale Date
Comment 
(Buyer)
S/SEC Jackrabbit Trl & Van Buren St
Buckeye
70 Finished lots
1,567,429
22,391
6/26
AV Homes (Avatar Homes)
W/NWC Avondale Blvd & Lower Buckeye Rd
Avondale
6 Finished lots
344,800
57,466
6/27
DR Horton
S/SEC 7th St & Baseline Rd 
Phoenix
204 Platted & Engineered
10,500,000
51,470
6/27
Maracay Homes
SW/SWC Dysart Rd and Jomax Rd
Peoria
79 Finished lots
6,162,000
78,000
6/27
DR Horton
W/NWC El Mirage Rd & Vistancia Blvd
Goodyear

44 Finished lots
1,672,000
38,000
6/28
CalAtlantic Homes
N/NWC Signal Butte & Ray Rd
Mesa
12 Finished lots
1,140,000
95,000
6/30
Grass Lake Capital

Data Source: CoStar, BREW, Vizzda plus personal information
 
"In business as in life, you don't get what you deserve you get what you negotiate." - Chester L Karrass

Walter's desire and ability to find that win-win solution keeps his clients coming back. With over 20 years of experience in three separate countries Walter brings exceptional knowledge in deal making.

Kasten Long Commercial Group
 
Walter Unger, CCIM - 
Senior Associate Broker
 
520.975.5207 (cell) -   WalterUnger@ccim.net
Designated Broker - Jim Kasten, CCIM   602.677.0655  (office)